Governor Kuroda: The Decade’s Most Consequential Central Banker
Forward Guidance
00:00
Urbanomics - The Key to Everything Okay So I'm Back to Abe
Urbanomics consists of three arrows arrow one aggressive monetary easing arrow two fiscal stimulus arrow three structural reform that arrow one monetary stimulus is the key to everything okay so regarding like central bank independence or like debt monetization it's not a secret it's an Abbe campaign platform. Japan economy just about to break free from chronic deflation pandits used to say that Japan was a task plan of the setting some they said that for a country as much as Japan growth would be impossible can you hear any such voices now? The greatest challenge in overcoming the reason this time is to raise people's inflation the BOJ introduced quantitative and qualitative monetary easing people are now more vibrant and upbeat he says.
Transcript
Play full episode
